Precious metals, which had shown a limited reaction to the ongoing US-Israel conflict with Iran, witnessed strong buying in Tuesday’s session, largely driven by a drop in the US dollar as investors turned their attention to central bank meetings, making dollar-priced commodities more attractive for other currency holders. The April futures contract on COMEX gold…
Major US stock indices opened higher on Tuesday, led by financial stocks, while investors weighed the impact of the Middle East war on energy costs. At the opening bell, the Dow Jones Industrial Average rose 139.1 points, or 0.30%, to 47,085.53. The S&P 500 rose 23.0 points, or 0.34%, to 6,722.35, while the Nasdaq Composite…
Sankaran Naren, Executive Director and Chief Investment Officer of ICICI Prudential Mutual Fund, has cautioned investors against treating silver as a long-term asset class, saying the white metal behaves more like a small-cap stock and carries significantly higher risk. Speaking at the MFD Galaxy 16th Knowledge Summit 2026, Naren said that while silver can deliver…
Silver prices slipped around 2% on Monday, March 16 even as the dollar softened, with bullion caught between two competing forces. On one hand, a weaker greenback and lower US Treasury yields offered some support to precious metals. On the other, stubbornly high oil prices kept inflation worries alive, which in turn reduced expectations of…
Amid the intensifying Middle East tensions involving Iran and the US-Israel coalition, alongside rising energy costs, Wall Street faces a hectic schedule in the week ahead. The US Federal Reserve will declare its interest rate verdict on Wednesday, accompanied by a media briefing by Chairman Jerome Powell. The monetary authority is widely anticipated to maintain…
The demand for gold and silver has largely remained subdued throughout this week as a strengthening US dollar and concerns over a delay in US interest rate cuts have capped prices, even as tensions in the Middle East remained elevated. The April futures contract on COMEX gold dropped $59 to the day’s low of $5,066…
Wall Street’s major stock indices opened mixed on Friday, as investors assessed a set of economic data to gauge the Federal Reserve’s interest rate outlook amid the escalating Middle East turmoil. At the opening bell, the Dow Jones Industrial Average rose 11.4 points, or 0.02%, to 46,689.24. The S&P 500 fell 0.9 points, or 0.01%,…
Major US equity benchmarks opened lower on Thursday as crude oil prices climbed to $100 a barrel. At the open, the Dow Jones Industrial Average fell 174.7 points, or 0.37%, to 47242.52. The S&P 500 fell 34.9 points, or 0.52%, to 6740.88, while the Nasdaq Composite dropped 189.5 points, or 0.83%, to 22526.585. Source
Gold, Silver Rates Today LIVE: Gold and silver prices traded lower on Thursday, weighed down by a firmer dollar, while higher crude oil prices renewed inflation worries and dampened hopes for near-term interest rate cuts. Spot gold price fell 0.2% to $5,165.73 per ounce, while US gold futures for April delivery declined 0.2% to $5,171.40…
Crude oil prices retreated sharply from intraday highs on Monday after surging to their highest levels since mid-2022 amid escalating geopolitical tensions in the Middle East. US crude benchmark WTI had earlier jumped 31.4% to a session high of $119.48 per barrel, while Brent crude rose nearly 29% to $119.50 per barrel. The rally came…
